There is some great commentary on the current state of affairs of the army in this post titled Army intrigue and graft hits India’s defences, and it covers a lot of ground from the political players to General VK Singh and public sector problems that plague India’s defense procurements.
Next up, another serious problem, safety of women in the NCR area and how Gurgaon women have got an innovative idea in the form of a Girlcott. They will stop shopping from April 13 to April 15 to influence the private sector who in turn should influence the administration to take some steps to improve safety of women. I think this is just great and hope this idea succeeds. Here is their FB page if you are interested.
Next up, a small WSJ blog post on the origin and meaning of the word risk.
A slightly longer post by Professor Bakshi on a new way to measure risk – returns per units of stress.
Something that won’t surprise readers here – volumes in the stock market have dropped significantly after the budget as FIIs wait for clarification on some of the GAAR related points that they are concerned with.
Finally, this brilliant letter from Google’s CEO Larry Page in which he says how itâ€™s easier to make progress on mega-ambitious goals than on less risky projects. Fascinating stuff.
Enjoy your weekend!